Virginia American Water Finalizes Acquisition of Town of Cape Charles Water and Wastewater Systems [Yahoo! Finance]
American Water Works Company, Inc. (AWK)
Last american water works company, inc. earnings: 2/18 04:37 pm
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Source: Yahoo! Finance
wastewater system assets of the Town of Cape Charles, Virginia for $15 million. This acquisition brings approximately 1,400 water and wastewater customers to Virginia American Water and is the second to be completed by the company under the Fair Market Value Legislation enacted by the Virginia General Assembly in 2020. As part of the acquisition, Virginia American Water will invest more than $10 million in future critical system improvements over the next eight years. A comprehensive planning study will be completed during the first year to identify and prioritize the required capital investment projects to improve the systems and the quality of the drinking water. "We are delighted to welcome the residents of Cape Charles as our newest customers. Thank you to Mayor Adam Charney, the Town Council, and Town Manager John Hozey and his staff for their support throughout the process. The customers who join us with this acquisition will benefit from our company's expertise in operating
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Earnings
- 5/1/24 - Miss
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Sec Filings
- 5/1/24 - Form 8-K
- 5/1/24 - Form 10-Q
- 3/26/24 - Form ARS
- AWK's page on the SEC website